Opto Circuits (India) Ltd.

NSE: OPTOCIRCUI BSE: 532391 SECTOR: Medical Equipment/Supplies/Accessories  10k   39   3

3.20
+0.15 (4.92%)
NSE: 22 Oct 03:42 PM

Price Summary

Today's High

₹ 3.2

Today's Low

₹ 3

52 Week High

₹ 7.8

52 Week Low

₹ 2.8

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

96.2 Cr.

Enterprise Value

584.78 Cr.

No. of Shares

30.06 Cr.

P/E

0

P/B

2.75

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  1.16

CASH

0.31 Cr.

DEBT

488.89 Cr.

Promoter Holding

18.52 %

EPS (TTM)

₹  -0.18

Sales Growth

-40.26%

ROE

-196.05 %

ROCE

-106.58%

Profit Growth

-3512.06 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-40.26%
3 Year7.52%
5 Year-15.59%

Profit Growth

1 Year-3512.06%
3 Year-208.38%
5 Year-231.37%

ROE%

1 Year-196.05%
3 Year-64.01%
5 Year-45.43%

ROCE %

1 Year-106.58%
3 Year-34.58%
5 Year-24.59%

Debt/Equity

12.5282

Price to Cash Flow

4.52

Interest Cover Ratio

-1401.7075170114

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2020 18.52 0
Sep 2020 18.52 0
Jun 2020 19.48 0
Mar 2020 19.48 0
Dec 2019 19.48 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The Company has been maintaining an effective average operating margins of 31.7640278540416% in the last 5 years.
  • The company has an efficient Cash Conversion Cycle of -122.313906676813 days.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 30.5949990878112.

 Limitations

  • The company has shown a poor profit growth of -208.379677755714% for the Past 3 years.
  • The company has shown a poor revenue growth of 7.51551413882774% for the Past 3 years.
  • Company has a poor ROE of -64.00715335991% over the past 3 years.
  • Company has a poor ROCE of -34.5847438409211% over the past 3 years
  • Company has high Debt to Equity ratio of 12.5282.
  • Company has low Interest coverage ratio of -1401.7075170114.
  • Company has contingent liabilities of 132.535 Cr.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Net Sales 7.58 0.59 0.12 0.09 0.09
Total Expenditure 5.91 2.65 1.46 2.12 1.39
Operating Profit 1.67 -2.06 -1.34 -2.02 -1.3
Other Income 0.13 0.13 0 0.02 0.02
Interest 0.01 0.02 0 0 0
Depreciation 0.35 0.33 0.33 0 0
Exceptional Items 0 1.76 0 0 0
Profit Before Tax 1.44 -0.52 -1.67 -2 -1.28
Tax 0 0 0 0 0
Profit After Tax 1.44 -0.52 -1.67 -2 -1.28
Adjusted EPS (Rs) 0.05 -0.02 -0.06 -0.07 -0.04

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Net Sales 76.67 50.38 63.46 104.82 62.61
Total Expenditure 53.22 35.38 43.28 63.1 45.8
Operating Profit 23.46 15 20.18 41.72 16.81
Other Income 0 0.17 0.25 3.16 2.94
Interest 31.52 7.85 1.36 1.15 0.85
Depreciation 9.5 8.79 9.06 8.81 3.26
Exceptional Items 0 -362.57 0 0 -1207.16
Profit Before Tax -17.55 -364.04 10.01 34.92 -1191.52
Tax 0.47 0 0 0 0
Net Profit -18.02 -364.04 10.01 34.92 -1191.52
Adjusted EPS (Rs.) -0.74 -15.02 0.35 1.16 -39.63

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 242.32 242.32 287.5 300.63 300.63
Total Reserves 1024.65 650 835.81 875.87 -261.6
Borrowings 51.61 52.9 104.77 101.3 30.61
Other N/C liabilities 87.6 33.44 28.16 30.69 -0.06
Current liabilities 852.17 723.35 518.19 515.33 574.28
Total Liabilities 2258.35 1702.02 1774.43 1823.83 643.85
Assets
Net Block 84.98 77.61 68.77 60.11 12.22
Capital WIP 0 0.07 0.34 0.84 0
Intangible WIP 102.1 102.1 157.1 157.1 0
Investments 381.66 381.66 436.57 447.04 202.36
Loans & Advances 1214.1 983.86 1030.44 1065.5 342.29
Other N/C Assets 0 0 0 0 0
Current Assets 475.5 156.71 81.21 93.24 86.99
Total Assets 2258.35 1702.02 1774.43 1823.83 643.85
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Profit from operations -18.02 -364.04 10.01 34.92 -1191.52
Adjustment 42.81 271.6 10.42 8.54 1211.11
Changes in Assets & Liabilities 309.94 149.81 26.16 -1.5 1.72
Tax Paid 0 0 0 0 0
Operating Cash Flow 334.73 57.36 46.58 41.96 21.3
Investing Cash Flow -48.8 -55.65 -0.77 -11.42 18.96
Financing Cash Flow -284.93 -3.69 -45.63 -30.29 -41.17
Net Cash Flow 1 -1.98 0.18 0.24 -0.9

Corporate Actions

Investors Details

PARTICULARS Dec 2019% Mar 2020% Jun 2020% Sep 2020% Dec 2020%
Promoters 19.48 19.48 19.48 18.52 18.52
vinod parasram ram... 12.09 12.06 11.88 11.88 11.88
jayesh patel 2.81 3.78 3.95 4.02 3.95
usha vinod ramnani 3.58 - 3.55 3.52 3.55
usha ramnani - 3.43 - - -
thomas dietiker 0.03 0.04 2.15 2.56 2.15
PARTICULARS Dec 2019% Mar 2020% Jun 2020% Sep 2020% Dec 2020%
Investors 80.52 80.52 80.52 81.48 81.48
valiveti bhaskar 1.92 3.41 3.80 3.80 3.80
anna thomas chacko 1.65 3.60 2.86 2.87 2.87
gobind gumnani 2.89 1.80 1.89 1.89 1.89
gautam v - 2.18 2.28 2.28 2.28
avina g gumnani 1.90 1.90 1.99 - -
avina gobind gumna... - - - 1.99 1.99
life insurance cor... - - 1.15 1.15 1.15
kabir gobind gumna... - 1.09 1.14 1.14 1.14
kamal bose - 1.01 - - -
qualified institut... 0.67 - - - -
iepf 0.02 0.01 0.01 - 0.01

Annual Reports

Ratings & Research Reports

No Credit and Research reports exist for this company.Report us

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

Opto Circuits (I) Stock Price Analysis and Quick Research Report. Is Opto Circuits (I) an attractive stock to invest in?

 

The Indian healthcare sector is expected to reach US$ 372 billion by 2022, driven by rising incomes, greater health awareness, lifestyle diseases and increasing access to insurance. Healthcare has become one of India’s largest sectors - both in terms of revenue and employment.

Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, and medical equipment. The structure of the healthcare delivery system in India consists of three broad segments: Primary care, Secondary care, and Tertiary care.

  • Primary care is the first point of contact between the population and the healthcare service providers. For example, Sub-center (SC), Primary Health Centre (PHC) and Community Health Centre (CHC) which is more relevant to rural areas (PHC’s).
  • Secondary care providers inpatient as well as outpatient medical services and includes simple surgical procedures. For example, District level & Mid-sized hospitals.
  • Tertiary care is the third level of the healthcare delivery system in the country. These hospitals are specialized consultative healthcare infrastructure. For example, Single specialty and Multi-specialty hospitals.

While healthcare services are offered by the public as well as private sectors, in urban as well as rural areas, generally people prefer private hospitals over public hospitals for treatment of diseases, illness, and sickness. So, let’s look into Opto Circuits (I) and its performance over the period of time.

  • Operating cash flow ratio: It measures the adequacy of a company’s cash generated from operating activities to pay off short-term financial obligations. Its cash from the operating activity was Rs 21.3011194 Cr.
     
  • Financial Strength: Health care organizations usually have high debt loads and low equity capital in their balance sheet. So, Debt to Equity ratio is important to analyze the company’s sustainability. Opto Circuits (I) has a Debt to Equity ratio of 12.5282 , which is a weak indication for the company.
     
  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Opto Circuits (I) , the EPS growth was -3512.0867768595 % which is bad for the company.
     
  • Operating profit margin: It determines a company's potential earnings. It assesses how well-managed a company with respect to its basic overhead costs and other operating expenses, Opto Circuits (I) has OPM of 26.8479845062556 % which is a good sign for profitability.
     
  • ROE: Opto Circuits (I) have a poor ROE of -196.051072343959 %. ROE is an important financial parameter for hospitals & health care companies because they expand and grow rapidly. Therefore, ROE measures how efficiently a shareholder's fund is used for generating profits.
Brief about Opto Circuits (I)

X